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Treasury bill yields higher at auction despite rejections

Markets Context.ph Context.ph -
Treasury bill yields, a reflection of the cost incurred when government borrows short term, were higher at the auction Monday even as the Bureau of Treasury rejected some bids, particularly for three- and six-month debt papers.

Oil, Treasuries, gold prices jump amid Mideast fears

Top News Reuters Reuters -
Oil, U.S. Treasuries and gold prices rose on Friday, with crude soaring nearly 6 percent, on safe-haven buying driven by the escalating Middle East conflict as Israel urged civilians to leave the northern Gaza Strip.

High private worker pay in three regions effective 16 October

Top News Context.ph Context.ph -
Private sector workers in Region XII, Region II, and Region III can expect higher salaries by 16 October when the new regional daily minimum wage rates take effect.

Monetary board green lights $2.7 billion 3Q government borrowing plan

Top News Jun Vallecera Jun Vallecera -
The monetary board of the Bangko Sentral ng Pilipinas (BSP) on Friday approved the government plan to borrow $2.7 billion more from overseas creditors in the quarter ending September this year.

Farm gate price of palay eases in September–PSA

Top News Context.ph Context.ph -
Palay or unmilled rice prices at the farm gate eased in September after surging in August and pushing the cost of milled rice sold...
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PXP Energy posts wider P31.6-M net loss in first half 2026

Corporate 0
PXP Energy Corp. reported a larger consolidated net loss of P31.6 million for the first half of 2026, up from P22.8 million in the same period last year, the firm said Tuesday.

PEZA, Oman target investments across four strategic industries

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) have identified four priority industries for deeper investment cooperation, as both countries seek to strengthen trade and position their economic zones as complementary gateways to regional markets.

Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

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